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Unemployment insurance is one of the social welfare programs that has been implemented in many advanced economies. Someone argues that the unemployment insurance should be expanded. Then others argue that expanding unemployment insurance would increase the unemployment rate. Which argument do you agree? Why?
What are the causes of unemployment?
Price elasticity of demand is an important concept. With appropriate examples, explain how this concept is related to total revenue.
q.a company is considering buying a new machine. two different models are available on the market.marr is 10.data
What would happen to the money supply if the Fed increases the required reserve ratio to 20%? Money supply can increase by $1,000.
q.hardwood cutters presents seasoned as well split fireplace logs to consumers in toledo ohio. the low-cost provider
Consider a consumer who allocates her income m to the consumption of goods 1 and 2. Denote by pi the price of good i = 1, 2. The consumer’s preferences are such that there exists a bundle x = (x1, x2) such that for any bundle y = (y1, y2), y ƒ= x, we..
According to Anne Krueger, what is the dilemma politicians face if they are benevolent and want to get re-elected?
New engineering graduate student who started a consulting business borrowed money for 1 year to buy necessary equipment and furnishings. The amount of the loan was $16,000, and it had an interest rate of 11% per year. What was the effective interest ..
How are products to be produced? Who is to decide what and how much to produce? Who is to receive the output of the system? The term "consumer sovereignty" means that: "How is the product to be distributed among people when commodities and services a..
Bring an example of production. (Any production in any industry) And clearly state which costs do you think will be fixed costs and which ones will be variable costs? Explain Also explain the explicit and implicit costs of the business? Explain
In your opinion, give an example of the economic implications for supply and demand and hence economic efficiency.
A life insurance salesman spends 9 hours a week on the telephone soliciting new clients. Fro past experience, the salesman estimates that each hour spent calling students, blue- collar workers, and professionals will produce the following number of a..
You make an initial deposit of $1000 now. Then you make 12 semiannual deposits of $500 each. If the account pays 10 percent compounded semiannual, how much will be in the account immediately after the 12th deposit?
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